Asian stocks buoyed by upbeat Wall Street

Asian shares gained ground on the back of Wall Street’s advance, as markets wait for the Jackson Hole Symposium on Central Banking to gather clues about the future of the monetary policy later this week.

Weak inflation data negatively affected dollar, as U.S. political drama remains an obstacle to carry out tax reforms and infrastructure spending, which played a role in the stock market's wavering.

Japanese shares increased, as TOPIX gained 0.07% or 0.89 points to 1,228.16, while Nikkei 225 advanced 0.02% or 4.35 points to 19,397.48.

Chinese CSI 300 rose 0.04% or 1.35 points to 3,742.34, while Shanghai fell 0.14% or 4.48 points to 3,282.43.

Hong Kong’s Hang Seng advanced 0.87% or 237.04 points to 27,391.72, while South Korea’s KOSPI rose 0.32% or 7.61 points to 2,362.61.

New Zealand’s NZX 50 gained 0.22%, or 17.41 points to 7,885.19, and finally Australia’s S&P/ASX 200 increased 0.21% or 11.75 points to 5,737.60.